Maire Tecnimont, Socar sign contract to revamp Azerbaijan oil refinery

WCN Editorial Team 5 Feb 2018 ASIA ENERGY & UTILITIES

Socar’s Heydar Aliyev Refinery and Tecnimont/Kinetics Technology Alliance have signed an EPC contract for the reconstruction and modernisation of the refinery in Azerbaijan.

Socar has taken up the revamp of the Heydar Aliyev Oil Refinery to advance the quality of fuel and lubricants in Azerbaijan and increasing the volume of production.

The EPC contract consists of two parts: construction of new units and reconstruction of the existing ones.

Maire Tecnimont’s subsidiaries – Tecnimont and KT-Kinetics Technology – have been selected for the construction of more than 10 new facilities.

Tecnicas Reunidas has won the contract for the reconstruction of existing units.

The revamp of the refinery is managed by Socar-KBR/KBR as managing contractor of the project and the completion is scheduled for 2021.

The first phase of the project involves construction of a new bitumen plant, new LNG station and other related facilities.

The second phase involves construction of Euro 5 diesel production units and reconstruction of related facilities by the end of 2020.

At the end of the third phase, the refinery will begin the production of Euro 5 standard compliant A-92/95/98 gasoline by the beginning of 2021.

The modernisation project is expected to improve the quality of fuel to the Euro 5 standard and increase the production volume to 7.5 MMTPA.

Socar president Rovnag Abdullayev said: “Today we have made one more step toward the production of high-quality Euro 5 standard compliant diesel, gasoline and other fuels.

“Maire Tecnimont is one of the global leading companies, and our cooperation will enable us to supply high-quality fuel to Azerbaijan’s domestic market as well as to increase the export revenues in the years ahead.”

Maire Tecnimont CEO Pierroberto Folgiero said: “After our two strategic petrochemical projects in Azerbaijan, this contract enables Maire Tecnimont Group to consolidate the fruitful relation with Socar also in the refining business, supporting the strategy of integration with the petrochemical business.

“We are truly honoured to keep on supporting such a prestigious client in the development of the country’s hydrocarbons downstream sector.”

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